Green Investment Bank

Business leaders, campaigners and investors slam chancellor's flagship green policy due to its limited borrowing powers

But Osborne confirms bank will not be allowed to borrow until debt targets are met

"Do we stand by while China invests nine per cent of its gross domestic product, and Europe invests five per cent in infrastructure, and we barely invest two per cent?"

Joan Walley MP: "It's got to be a real bank that has the status to raise and lever more money"

Shadow Energy Minister Huw Irranca-Davies says the government must step up its ambitions for green jobs, growth and the environment

Audit committee voices concerns over calls from energy giants for proposed bank to invest in nuclear power

Chris Huhne says Scottish capital would have "very special advantage" in race to host Green Investment Bank headquarters

The Conservatives' pre-election manifesto promised that the bank would finance 'new green technology start-ups'